No matter what age you are now, it's doubtful that you will pay more over
your entire life in total premiums for long term care insurance than you would
pay for only a one year stay in a nursing home.
The cost of nursing home care has risen at an average
rate of 7% per year for the last 15 years. Today's
average cost of care in the northeastern part of the
U.S. is about $122,000, but inflation rates will propel
this cost much higher. An average inflation rate of 6%
over the next twenty years would more than triple the
cost of nursing home care.
New Jersey Long Term Care Insurance Policy
Medicare pays for less than 10% of all nursing home
costs.
Over 50% of the U.S. population will require long term
care at some point.
38% of the 13.5 million Americans currently receiving
long term care are between the ages of 18 and 64.
More than 76% of people receiving long term care,
receive it in their home or in other community
environments.
Facts
Costs
Click on the link below to fill out a quote request form
for a Long Term Care Insurance policy that will
provide excellent long term care insurance coverage at
an affordable cost. Or speak with our Long Term
Care Insurance Agent Specialist at 732-680-4444 to
discuss the features.